Mercedes-Benz to assemble EVs in India starting this year
German carmaker Mercedes-Benz’s Indian unit said it will soon start assembling electric vehicles (EVs) in India, even as American EV major Tesla continues to lobby New Delhi for reduced import duty on electric cars before committing to any investment in building local manufacturing capacity.
The Stuttgart-based company will start making its top-of-the-line EQS electric limousine in India starting this year. Having entered India’s EV market in October 2020, the local unit of the company quickly sold its allocated units over the last 15 months.
The locally assembled EQS will invite a lower import duty of 40%, compared with 100-110% on fully built imported cars that could put it out of the reach for many prospective buyers.
